How record-high global debt could impact the next financial crisis

Sep 14, 2018

(Global Edition) From the BBC World Service … Bank of England Governor Mark Carney has reportedly warned about a chaotic economic scenario under a no-deal Brexit scenario. We break down what the bank is forecasting and what impact it could have on households. Then, before Apple and its iPhone dethroned it, Blackberry was once a king in the smartphone space. Now, it focuses on cybersecurity. We’ll hear from CEO John Chen about what he thinks of the security of self-driving cars and company systems. Afterwards, in the 10 years after the financial crisis, global debt has soared to a new high of 225 percent of world GDP. We don’t know where the next crisis will come from, but there is real debate about how global debt will affect us. Today's show is sponsored by Indeed (indeed.com/marketplace) and the U.S. Bank Altitude Reserve Visa Infinite Card (usbank.com/altitude).(09/14/2018)